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Solana price drops 11% to $71 amid $1.26B crypto liquidations and market fear ahead of Breakpoint conference

Market News
15 Nov 2026, 01:12 WIB
CryptoTicker
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Bearish
Solana price drops 11% to $71 amid $1.26B crypto liquidations and market fear ahead of Breakpoint conference

Solana's price fell sharply by 11% to around $71.37 on November 14, 2026, marking its lowest close since June. This drop is part of a broader crypto market sell-off triggered by forced liquidations exceeding $1.26 billion within 24 hours, driven by fears of a US Federal Reserve rate hike and ETF outflows. Solana underperformed Bitcoin and other altcoins, with market sentiment hitting extreme fear levels. The upcoming Solana Breakpoint conference in London from November 15-17 is unlikely to immediately support the price amid ongoing selling pressure. Investors should watch key support levels around $70.58 and $60.13 and consider regulatory and trading conditions before buying or trading Solana.

As of November 15, 2026, 06:21 WIB, Solana (SOL) trades at Rp1.277.339 with a 1-day decline of 9.43%, underperforming Bitcoin (BTC), which is down 5.91% at Rp1.165.322.853 on Pluang. SOL's sharper drop contrasts with BTC's more moderate loss, reflecting the broader crypto market pressure noted in the news. Despite SOL's recent weakness, Pluang data shows a 70% buy order activity and a typical hold time of 73 days, compared to BTC's 70% buy activity and longer hold time of 113 days, indicating differing investor behaviors between the two assets.

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